Examlex
The first step in deploying new systems is _________.
Spot Rate
The spot rate refers to the current exchange rate at which a currency can be bought or sold for immediate delivery.
Exchange Gain
A profit resulting from holding assets in a foreign currency as the exchange rate fluctuates.
Exchange Loss
A loss resulting from holding foreign currencies that depreciate against the home currency.
Forward Contract
An agreement to purchase or sell an asset at a predetermined future date and price, often used as a hedging instrument against price fluctuations.
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